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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
"Neelu Bachra Centre" Triple A office building located in a golden location, high traffic, great exposure, located at West Broadway and Cambie Street. Half block away from Canada Line Broadway Station, a few minutes from Vancouver City Hall and Vancouver General Hospital. 453 SF, quiet unit facing Corridor. The building is occupied by an array of professionals such as medical, chiropractic, accounting, massage therapy, travel agency. Two levels visitors parking space for customers. Amenities include fully equipped exercise room and a beautiful rooftop garden with stunning views of city and mountains. Immediate possession. Landlord has fully renovated the unit. This unit also available for lease gross rental $2,334/month. Purchase price included one secured parking. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
Broadway
Postal Code
V5Z1E9
Location Highlights
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Listed by
Sutton Group-West Coast Realty British Columbia listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
453
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$599,000
Asking Price
$599,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
453
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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